Travel vs. Carry vs. Legal

[tankmjg24]

Had this situation occur in a game the other day and there is some debate within my group as to what the correct call is. Player drives to the basket for a layup. While doing so he takes the ball and puts it on his hip with his hand underneath. The progression was then left step, right step, layup.

Current viewpoints are that this is a legal drive to the basket, a carry, or a travel. Some believe that anytime the player puts the ball on his hip with hand underneath that this is a carry. Others believe that in order for a carry to be called that the player must dribble the ball again. A few feel that after he hips the ball that he then has one step and a layup, since he took 2 this is a travel.

Thoughts?